5, MALLORY CLOSE, RAMSGATE, CT12 6TW - £197,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 MALLORY CLOSE is a detached house, which could now be worth an estimated £353,050. It was last sold for £197,500 in May 2007, which was around 25% below the average May 2007 detached price in the Thanet local authority area.

5 MALLORY CLOSE Sold Prices

Land registry data shows two sales for 5 MALLORY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Thanet local authority area for the corresponding sale date. One of the two 5 MALLORY CLOSE sales was for below the average price, whilst the other was for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2007 11 MAY	£197,500	£264,497	25% below HPI
1996 4 NOV	£74,950	£73,673	2% above HPI

What might 5 MALLORY CLOSE be worth now?

5 MALLORY CLOSE might now be worth an estimated £353,050.

This is based on house price inflation of 78.8%, between May 2007 and April 2026, for detached houses, in the Thanet local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 78.8% inflationary increase is applied to the most recent sale price for 5 MALLORY CLOSE of £197,500 on 11th May 2007. For the value to have increased from £197,500 to £353,050 over the nineteen years and one month to April 2026, the following assumptions must hold true:

• The value of 5 MALLORY CLOSE has moved in line with the HPI for detached houses in the Thanet local authority area.
• The May 2007 sale price of £197,500 represented a fair market value for the property.
• The size, condition, and specification of 5 MALLORY CLOSE has not materially changed since May 2007.

Where is 5 MALLORY CLOSE?

5 MALLORY CLOSE is located in RAMSGATE, in the CT12 postcode district.